January15, 2026
Paramount Trading (Jamaica) Limited (PTL)
Unaudited Financial Results for the Six Months Ended November 30, 2025
Paramount Trading (Jamaica) Limited (PTL) for the six months ended November 30, 2025, reported a 5% increase in revenue totaling $830.92 million compared to $788.52 million in the corresponding period last year. Revenue for the second quarter had a 3% decrease to close at $385.67 million compared to $399.41 million for the comparable quarter of 2024.
Direct expenses amounted to $463.45 million, reflecting an 11% year-over-year reduction from $522.67 million in 2024. This improvement in cost management resulted in gross profit rising by 38% to $367.47 million, up from $265.85 million in the prior year. For the second quarter, gross profit increased to $157.05 million, compared to $132.45 million for the same period in 2024.
Other operating income rose sharply by 262% to $37.46 million, compared to an operating loss of $23.06 million in the prior year. Administrative expenses increased marginally by 2% to $242.21 million from $238.51 million in 2024. As a result, total expenses for the six-month period amounted to $246.92 million, representing a 1% decline from $250.00 million recorded in the prior year.
Operating profit for the six months reached $158.01 million, representing a 2,294% improvement from the operating loss of $7.20 million reported in 2024. Second-quarter operating profit amounted to $63.35 million, compared to $10.95 million in the corresponding quarter last year. Net finance costs increased slightly by 3% to $42.81 million, up from $41.54 million in 2024.
Profit before taxation for the six-month period totaled $115.20 million, reversing the loss before taxation of $48.74 million recorded in 2024. For the second quarter, profit before taxation was $41.87 million, compared to a loss of $10.79 million in the prior year.
The taxation charge for the six months amounted to $28.80 million, while the charge for the quarter was $10.76 million. Net profit for the six-month period stood at $86.40 million, representing a 277% improvement from the net loss of $48.74 million reported in 2024. Net profit for the second quarter amounted to $31.11 million, compared to a net loss of $10.79 million in the corresponding quarter last year.
Consequently, Earnings Per Share for the six months amounted to $0.06 (2024: LPS: $0.03), while Earnings Per Share for the quarter totaled $0.02 (2024: LPS: $0.01). The twelve-month trailing EPS was $0.10 and the number of shares used in these calculations was 1,542,467,080.
Notably, PTL’s stock price closed the trading period on January 14, 2026, at a price of $1.38 with a corresponding P/E ratio of 13.20x.
Balance Sheet Highlights
Total assets amounted to $2.35 billion, up from $2.13 billion in 2024. This increase was primarily driven by higher inventories, which rose to $904.24 million from $763.26 million in the prior year.
Shareholders’ equity stood at $1.15 billion, compared to $990.78 million in 2024, translating to a book value per share of $0.75, up from $0.64 in the prior year.
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